More extraordinary statements from an extraordinary industry (financial services). Here's a very special one from a "financial services expert" at PA Consulting Group (via FT, where else?):
"The great core strength of banks is their ability to take an intelligent view of the value of an asset and its associated risk."
So that core purpose must have just slipped bankers' minds in what made 2012 a record year for massive risk fall-outs at the world's biggest banks:
“We’re doing what a bank is supposed to do."
"The great core strength of banks is their ability to take an intelligent view of the value of an asset and its associated risk."
So that core purpose must have just slipped bankers' minds in what made 2012 a record year for massive risk fall-outs at the world's biggest banks:
- "Barclays Chief Says 'Sorry'"
- "'Proud' JP Morgan Chief Apologizes"
- "HSBC 'Sorry' for Aiding Mexican Drug Lords, Rogue States and Terrorists"
“We’re doing what a bank is supposed to do."
No comments:
Post a Comment